First-Time Home Buyer Advantages
First Home Savings Account (FHSA)
Save up to $40,000 tax-free for your down payment with tax-deductible contributions.
Home Buyers' Plan (HBP)
Withdraw up to $60,000 tax-free from your RRSP to fund your down payment.
Land Transfer Tax Rebate
Save up to $4,000 on Ontario land transfer tax plus additional Toronto rebates if buying in the GTA.
First-Time Home Buyer Tax Credit
Claim a non-refundable tax credit of up to $1,500 on your annual tax return.
Flexible Down Payments
Buy with as little as 5% down payment on homes priced under $500,000.
Dedicated Advisor
Step-by-step guidance from offer to closing so you never feel lost.
Everything You Need to Buy Your First Home
Your Pathway to Homeownership Starts Here
Buying your first property is one of the most exciting financial milestones of your life—but it can also feel overwhelming with stress tests, closing costs, and unfamiliar jargon. At Kenlock Mortgage, we simplify the process and walk beside you every step of the way.
We ensure you take full advantage of every government grant, tax rebate, and specialized program designed specifically for first-time buyers in Ontario.
Leveraging Government Incentives
<p>Combining the FHSA and RRSP Home Buyers' Plan allows a couple to save up to $100,000+ in tax-advantaged funds toward their first home down payment.</p> <p>We help you structure your down payment strategy so you keep as much money in your pocket as possible while qualifying for the best interest rates available.</p>
How We Guide You to Your First Keys
1. Discovery & Budgeting
We review your income, savings, and credit to build an accurate purchase budget.
2. Pre-Approval & Rate Lock
Lock in your interest rate for up to 120 days so price shifts don't hurt your buying power.
3. Closing Cost Planning
Calculate legal fees, land transfer tax rebates, appraisal, and title insurance upfront.